Abercrombie & Fitch Technical Analysis (NYSE:ANF)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The ANF stock chart pattern can give those who understand technical analysis an indication of which way ANF stock is headed, but cannot predict with 100% certainty as to what can happen to the Abercrombie & Fitch stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Abercrombie & Fitch. Technical analysis uses an approach for Abercrombie & Fitch stock analysis that does not care for the fair value of a company but uses price and volume data only.
Abercrombie & Fitch Moving Average
Moving averages show the average price of ANF stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $26.55 is below the last closing price of $26.76 and the 50 day moving average of $23.69 is below the last closing price of $26.76. The 10 and 20 day periods can predict short term moving average trends.
Abercrombie & Fitch Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the ANF stock. Currently the stock price of $26.76 is in the upper range of Abercrombie & Fitch bollinger bands.
Abercrombie & Fitch Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Abercrombie & Fitch MACD line is below the signal line.
Abercrombie & Fitch Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of ANF stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.